Emmanuel "Manny" Maceda (born 1963) is a Filipino-American businessman. As a career management consultant, he was named worldwide managing partner of Bain & Company in November 2017[1] and assumed the position in March 2018. Maceda is the first Asian leader in Bain & Company's history.[2]
After his studies at the Illinois Institute of Technology, Maceda started his career in the engineering plastics group of DuPont in 1984. Following this he attended a Master's in Management at MIT.[3]
During his master's at MIT he was still "unaware of the existence of the management-consulting industry." While at Sloan, he persuaded one of his role models, Jack Welch, the chairman and chief executive of General Electric Co., to speak at the school. During the speech, a man wearing a gas mask threw a grenade-like object at Welch's feet. He stopped speaking and Maceda, correctly assessing that the object wasn't a real grenade, picked it up and walked it out of the building.[4] Sometime later, Welch invited Maceda to lunch and introduced him to two top GE executives, the head of corporate strategy and the head of plastics marketing, Jeffrey Immelt, who would later become GE's chairman and CEO. Both offered Maceda jobs, but he decided to join Bain instead.[4]
In 1988, Maceda joined Bain as a consultant. He specializes in "full potential" transformations involving strategy, performance improvement, customer loyalty and organizational effectiveness that result in meaningful long-term increase in enterprise value. He has worked with clients across a range of industries, including financial services, industrial products, consumer products, retail, telecommunications, energy and technology.[5]
Before being appointed as the new worldwide director, Maceda led Bain's global Full Potential Transformation practice and was a member of the firm's Management Committee, Global Operating Committee and Nominating Committee. Previously he served as chairman of Bain's Asia-Pacific region. Before this he was a global leader of the Performance Improvement and Reengineering practices and leader of the global recruiting team.[2][3] Meanwhile, he also published articles, such as in the MIT World Series, and spoke at the World Economic Forum.[6]
In November 2017, Maceda was named the successor of Bob Bechek as the worldwide managing director of Bain & Company when Bechek stepped down in March 2018. Maceda stated to want to focus on the development of Bain's Digital practice.[3]
He is a member of the MIT Sloan North American Advisory Board.
manny, maceda, emmanuel, manny, maceda, born, 1963, filipino, american, businessman, career, management, consultant, named, worldwide, managing, partner, bain, company, november, 2017, assumed, position, march, 2018, maceda, first, asian, leader, bain, company. Emmanuel Manny Maceda born 1963 is a Filipino American businessman As a career management consultant he was named worldwide managing partner of Bain amp Company in November 2017 1 and assumed the position in March 2018 Maceda is the first Asian leader in Bain amp Company s history 2 Manny MacedaBorn1963 age 60 61 U S EducationIllinois Institute of Technology BS Massachusetts Institute of Technology MS Occupation s Management Consultant StrategistEmployerBain amp CompanyTitleWorldwide Managing Partner CEO SpouseLyra RufinoChildren4 Contents 1 Early life and education 2 Career 3 Personal life 4 References 5 Related pagesEarly life and education editManny Maceda was born in the United States and raised in the Philippines He is the eldest son of the late Filipino politician Ernesto Maceda He earned a bachelor s in chemical engineering from Illinois Institute of Technology where he graduated with magna cum laude honors He later obtained a masters degree in management from the MIT Sloan School of Management 2 Career editAfter his studies at the Illinois Institute of Technology Maceda started his career in the engineering plastics group of DuPont in 1984 Following this he attended a Master s in Management at MIT 3 During his master s at MIT he was still unaware of the existence of the management consulting industry While at Sloan he persuaded one of his role models Jack Welch the chairman and chief executive of General Electric Co to speak at the school During the speech a man wearing a gas mask threw a grenade like object at Welch s feet He stopped speaking and Maceda correctly assessing that the object wasn t a real grenade picked it up and walked it out of the building 4 Sometime later Welch invited Maceda to lunch and introduced him to two top GE executives the head of corporate strategy and the head of plastics marketing Jeffrey Immelt who would later become GE s chairman and CEO Both offered Maceda jobs but he decided to join Bain instead 4 In 1988 Maceda joined Bain as a consultant He specializes in full potential transformations involving strategy performance improvement customer loyalty and organizational effectiveness that result in meaningful long term increase in enterprise value He has worked with clients across a range of industries including financial services industrial products consumer products retail telecommunications energy and technology 5 Before being appointed as the new worldwide director Maceda led Bain s global Full Potential Transformation practice and was a member of the firm s Management Committee Global Operating Committee and Nominating Committee Previously he served as chairman of Bain s Asia Pacific region Before this he was a global leader of the Performance Improvement and Reengineering practices and leader of the global recruiting team 2 3 Meanwhile he also published articles such as in the MIT World Series and spoke at the World Economic Forum 6 In November 2017 Maceda was named the successor of Bob Bechek as the worldwide managing director of Bain amp Company when Bechek stepped down in March 2018 Maceda stated to want to focus on the development of Bain s Digital practice 3 He is a member of the MIT Sloan North American Advisory Board Business positions Preceded byBob Bechek President CEO Bain amp Company2018 Present Succeeded by Preceded by Chairman Bain amp Company Asia Pacific2007 2013 Succeeded byDale CottrellPersonal life editMaceda is married to Lyra of the Rufino family He and his wife and their four children currently live in San Francisco 3 References edit Bain amp Company elects Manny Maceda as Worldwide Managing Director a b c Marriage Madison November 19 2017 Bain names Manny Maceda as new global head Financial Times a b c d Marriage Madison 2017 11 19 Bain names Manny Maceda as new global head a b From Intern to Asian Pacific Chairman 2017 11 19 Retrieved 2018 02 02 Bain amp Company Elects Manny Maceda as Worldwide Managing Director Global News Wire November 19 2017 World Economic Forum Media Library Archived from the original on 2018 02 05 Retrieved 2018 02 03 Related pages editBain amp Company Retrieved from https en wikipedia org w index php title Manny Maceda amp oldid 1214415158, wikipedia, wiki, book, books, library,
